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Bitcoin scales past $107,000 to hit new record high; Altcoins trade mixed

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Bitcoin (BTC) surged to a record high of $107,780 on Tuesday, driven by positive sentiment towards digital currencies. As of 10:16 AM IST, BTC was trading at $106,482, up 1.9% in the past 24 hours. Ethereum also saw a 1.4% increase, trading at $4,006.